This is an entirely free service. No payments are to be made. Also send me The Ultimate Guide to Profiting From Derivatives and sign me up for Profit Hunter,a free newsletter that focuses on identifying short term money making opportunities.Download NowSubscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.

IPOs Look Ready to Keep Buzzing in 2017

Mon, 23 Jan Pre-Open

IPOs are back. BSE Ltd will be the first IPO to test the markets post demonetisation. Other big corporates are thinking about coming out with an initial public offering (IPO) for their companies. The list includes the likes of NSE Ltd, Central Depository Services (India) Ltd (CDSL), and Avenue Supermarts Ltd (which runs the D-Mart store chain).

Even state-owned companies such as Cochin Shipyard Ltd and Hindustan Aeronautics Ltd (HAL), have reportedly been preparing for an IPO. India is likely to remain abuzz with IPO activity in 2017.

2016 saw several major issues, such as with ICICI Prudential Life, PNB Housing Finance, small finance bank licensee Equitas Holdings Ltd, and pharmaceutical firm Laurus Labs Ltd. While global IPO activity witnessed a fall in both volume and value terms in 2016, as per EY's Global IPO Trends, India was a standout performer.

Globally, the number of IPOs in 2016 fell 16% year-on-year to 1,055 and capital raised was down 33% to US $132.5 billion. This is on the back of political and economic uncertainty. India, however, went the other way - a 38% increase in deal volume and a 79% surge in proceeds raised. India's IPO activity hit a six-year high, and stock markets ranked as the seventh most active in terms of number of deals globally.

Just Released: Multibagger Stocks Guide(2017 Edition)

In this report, we reveal four proven strategies to picking multibagger stocks.

Well over a million copies of this report have already been claimed over the years.

Go ahead, grab your copy today. It's Free.

NO-SPAM PLEDGE - We will NEVER rent, sell, or give away your e-mail address to anyone for any reason. You can unsubscribe from The 5 Minute WrapUp with a few clicks. Please read our Privacy Policy & Terms Of Use.

In the coming months, we are even likely to see companies from new-generation sector such as renewable energy, in addition to the traditional banking, insurance and consumer goods sectors.

Are you wondering why there's been a surge in IPOs in India, while everywhere else it has plummeted? According to EY Global, it's because of continuing regulatory reforms and positive investment climate. Adding policy improvements like implementation of GST (goods and services tax) could fuel even more demand. This in turn would result resulting in the need for equity and more action in the IPO marketplace.

However, the IPO season can be unpredictable. In high season when the markets are rising, investors are willing to pay up. The slightest sign of a weak market, and the season is quick to change. And so does the hype around many of the stocks, especially the fundamentally weak ones.

If you ask us, every IPO needs to be evaluated on its own merit. When there is a need to go through a checklist for buying stocks, why not so in the case of IPOs?

There are several big IPOs in the pipeline in 2017. In case you wish to run them through a handy checklist, we have something for you.

OTHER USEFUL LINKS

MARKET STATS

ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.